DislikedWhats moving market in this hour? Everything against usd is climbing higher....Ignored
1. Obama and Boehner did the square dance and caused some short covering.
2. Greece "may" get €44 billion very soon (As if that would make any difference... it's already spent)... also caused short covering
3. US Housing Market Index higher than expected and caused some further short covering.
4. Baby bear pooped his diapers.
5. Papa bear wanted a better price to short from so he got Mama bear to squeezed baby bear out of his diapers.
Note that no bulls participated in this move.
Oh yeah... have you see the Obamas and the Boehners square dancing yet?
Inserted Video
Those who say it cannot be done should not interrupt those who are doing it